June 30, 2018. This article discusses the failure of the New York State Legislature to pass the package of economic development accountability and transparency reform bills during the legislative session.
It appears no one outside Gov. Andrew Cuomo’s administration is pleased with the Democrat’s economic development policies, except for the recipients of some of the billions of dollars in taxpayer funds awarded each year to boost employment.
The criticism comes from the left and the right, from conservative think tanks and liberal fiscal watchdogs, and from Republican and Democratic lawmakers in Albany.
“It’s questionable if we’re getting a good return on our investment,” said Ron Deutsch, director of the Fiscal Policy Institute.